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Term and Credit Notes Payable (Tables)
6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes our term note payable and revolving credit line balances as of June 30, 2013 and December 31, 2012:
 
 
June 30, 2013
 
December 31, 2012
Term note payable - 4.25 percent at June 30, 2013 (prime plus 1.0 percent), due February 10, 2016
 
$
3,555,555

 
$
4,222,222

Revolving credit line - 3.75 percent at June 30, 2013 (prime plus 0.5 percent), due March 29, 2015
 
3,382,691

 
3,600,000

Total
 
$
6,938,246

 
$
7,822,222

Less: current portion
 
(1,333,333
)
 
(1,333,333
)
Long-term portion
 
$
5,604,913

 
$
6,488,889

Schedule of Maturities of Long-term Debt
Principal payments under the term note payable are due as follows as of June 30, 2013:
2013
$
666,666

2014
1,333,333

2015
1,333,333

2016
222,223

Total
$
3,555,555